The decision that will cause reaction for the Activision Blizzard scandal has been announced!

Activision Blizzard is one of the most problematic game companies of recent years. Moreover, this title is not with the games they make, in-house It’s tragic that he gets it with scandals he can’t manage. Microsoft took action when the scandals with the founder and CEO of the company, Bobby Kotick, lowered the value of the company.

Microsoft, which is preparing to buy the company by paying billions of dollars, will also take this scandal-filled history with the company. Before the acquisition was completed, the judgment against Activison Blizzard’s current problems came from the judiciary. However, this decision will likely cause intense reactions in the coming days.


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Activision Blizzard Investor Litigation dismissed

A lawsuit was filed by the investors after the employees in the company complained about sexual assault incidents intensively. While the judiciary is expected to take action against these scandals in the company, district judge Percy Anderson has decided to take the case. refused. Thus, the lawsuit filed by the company’s investors was lost. Plaintiffs, after 30 day he will be able to sue again with his new findings.

activision blizzard

It may sound strange for an investor to take the company they invested in to court. However, the scandals in Activision Bizzard known to all and this lowers the value of the company. When the value of the company falls, investors also up to millions of dollars money can be lost. The increase in harassment and mobbing discourses in the company must have angered the investors.

District Judge Anderson’s full statement regarding the dismissal is as follows:

Plaintiffs allege that the media’s response to news about regulatory investigations and the defendants’ statement in response to the DFEH Action “contrary to any notion” that regulatory investigations are mundane or routine. However, such claims constitute “historical fraud” and, in the absence of specific, temporal facts, are insufficient to support an allegation of securities fraud.

To the extent that plaintiffs claim that defendants should have known that sexual harassment and discrimination are rampant because of their position in the company, [ilk değiştirilen şikayet] does not provide the facts necessary to support such a conclusion.

Percy Anderson

As can be understood from the statement, the reason for the dismissal of the case seems to be that the plaintiffs went to court without sufficient evidence. While this is a solvable issue, plaintiffs have at least 30 days ahead of them.

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